1. what is the repricing gap over the next year for the MMC? Hint: First, caluclate one-year rate-sensitive liabilities.

a) -$62,550,000

b) $18,800,000

c) -$68,800,000

d) -$12,550,000

e) -$18,800,000

2. Assume the same information from [Table 1] as in previous question.

Calculate the expected change in the net interest incime for the bank if interest rates rise by 1 percent on both RSAs and RSLs.

a) $188,000

b) -$688,000

c) -$625,500

d) -$125,500

e) -$188,000

3. calculate the wxpected change in the net interest income for the bank if interest rates rise by 1.2 percent on RSAs and by 1 percent on RSLs.

a) $199,400

b) -$225,600

c) $188,000

d) -$199,400

e) -$188,000

[Table 1] Consider the following balance sheet for MMC Bancorp (in millions of dollars)